Thu.Feb 08, 2024

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2024 Consumer Research Reveals Valuable Insights

Salsify

Salsify publishes its 2024 consumer research report — a survey of 2,700 U.S. and U.K. respondents — highlighting the latest consumer trends and the intricacies of the modern buying journey.

Consumer 131
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Meta Outlines Proactive Approach to Labeling AI-Generated Content

Retail TouchPoints

Content created with Meta ’s generative AI tools already automatically receives an “Imagined with AI” label, but the company has shared how it is working to create technical standards and signals to notify users on its platforms when any of the content they see has been created using AI. “As the difference between human and synthetic content gets blurred, people want to know where the boundary lies,” said Nick Clegg, President of Global Affairs at Meta in a blo g post.

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Higher Ed Is Rethinking The Three Rs To Close The Cybersecurity Skills Gap

Forrester eCommerce

Thanks to the widely publicized cybersecurity talent shortage, degree requirements are fading from job postings – even for US Federal contractors – and being replaced by demonstrable skills challenges, making expensive four-year programs less appealing to high school grads and those in the workforce looking for a career change. To keep up, colleges and universities are doing some rethinking of their own as many attempt to carve out a slice of the cybersecurity skills and training pie.

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With Retailers Thinking Like Media Owners, Media Owners Must Think Like Retailers

Retail TouchPoints

The growth of retail media networks (RMNs) in recent years has been impressive. As the world moves away from third-party identifiers, retailers are using their own channels to unlock the potential of their valuable shopper audiences — so much so that retail media is now the fourth-largest advertising medium, according to data from WARC. Media owners also have found their position in the advertising ecosystem changing as third-party tracking cookies deprecate.

Payments 312
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The Trends You Need to Succeed This Holiday Season

October Prime Day is usually an early sign of how consumer spending trends ahead of the holidays. This one was no exception. Our October Prime Day Report breaks down what’s working: the products flying off the shelves, the categories winning big, big brands, and the search terms defining demand. All brought to you via Similarweb’s Shopper Intelligence platform.

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Wield Invisible Experiences Like A Ring Of Power

Forrester eCommerce

It is an iconic scene – the Ring of Power flying through the air in slow motion as Frodo tumbles to the floor of the Prancing Pony. As drunken revelers look on and the ring slips onto his finger, the small, frightened hobbit vanishes into thin air. Frodo Baggins is invisible.

Customer 259
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Category Insights Report: Dollar Stores Redefine Themselves with Enhanced Merchandising and Mobile Apps

Retail TouchPoints

Once largely associated with lower-income households, dollar stores are now becoming retail staples even for more affluent households, inspiring retailers in these categories to invest more heavily in marketing, merchandising and technology innovation that will help them differentiate. This pivot has largely been driven by a more cautious and price-aware consumer: 80% of consumers indicate that the economy has slightly or significantly changed their shopping habits and behaviors, according to CI

Mobile 299

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Kroger Employs New Gen AI Tool to Enhance Marketplace Listings

Retail TouchPoints

Kroger will be the first company to test out Intelligence Node ’s new digital shelf optimization solution as it seeks to enhance its online marketplace. The digital marketplace solution from Intelligence Node — which is powered by generative AI and real-time data capture — generates comprehensive product listings and ratings for customers while also providing custom, data-rich insights to guide a company’s marketing strategies.

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Uber Has Finally Become a Profitable Player

RetailWire

Uber, the ride-hailing company, made headlines this week, announcing its first annual operating profit. This significant achievement marks an important turn in the firm's approximately 15-year journey, shedding light on its resilience and capacity for growth.

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Claire’s Taps Young Creators for Year-Long Celebration of ‘Gen Zalpha’

Retail TouchPoints

Claire’s has tapped a range of young creators and influencers for its new campaign and a corresponding platform called The Collab, inviting them to share their stories, talents and perspectives through ongoing content development and social dialogue. The new platform will launch with a group of “Gen Zalphas” in tandem with the debut of the brand’s spring collection and will add new people throughout the year, with members influencing the retailer’s creative direction across content, communicatio

Magazine 278
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Google’s Core Update vs. Helpful Content

Practical eCommerce

Google's algorithm updates were once more or less apparent. No more. Here's the different between the two primary types. The post Google’s Core Update vs. Helpful Content appeared first on Practical Ecommerce.

eCommerce 108
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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.

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Misfits Market Debuts B2B Fulfillment Solution for Perishables

Retail TouchPoints

Misfits Market has introduced Fulfilled by Misfits (FBM) , offering its logistics platform for perishable brands to store, pick, pack, fulfill and deliver their products nationwide. The solution leverages Misfit Market’s existing infrastructure and in-house technology to provide a simple, customizable solution for perishable businesses. FBM already is working with consumer brands including Spot & Tango , Cometeer and Little Spoon.

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$3 Hash Brown at McDonald’s Is Not Going Down Well With Customers

RetailWire

Hash browns from McDonald's might have been a popular choice in the past, but the $3 spiked-up price isn't as appetizing for customers.

Customer 119
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Walgreens Boots Alliance Exec Appointments: Shakeups Reaffirm Focus on Healthcare

Retail TouchPoints

Walgreens Boots Alliance (WBA) CEO Tim Wentworth has made three new executive appointments that reaffirm the company’s focus on health services and retail pharmacy. “Today’s announcement solidifies the leadership team that will carry WBA into its future as we look to expand our reach beyond neighborhood pharmacies into the fastest-growing areas of healthcare,” Wentworth said in a statement.

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Retailers face increasing crime if alcohol MUP rises, warns The Fed

TalkingRetail

Raising the minimum price for alcohol sold in Scottish shops will not stop problem drinking but could put retailers at further risk from retail crime.

Retail 111
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Macy’s Continues Private Label Overhaul with ‘State of Day’ Loungewear Debut

Retail TouchPoints

Macy’s has launched a second new private label line as part of its ongoing reinvention of its in-house brand strategy aimed at making its offerings more customer centric. Developed following a large consumer survey and in-store fit clinics, the new State of Day loungewear brand is designed to help women “feel more comfortable and relaxed at home.” The first State of Day collection, which includes more than 165 pieces with prices ranging from $8.50 to $79.50 and sizes ranging from XS to XXL and u

Consumer 262
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Kroger Leverages Generative AI to Optimize Third-Party Listings in Marketplace

RIS News

Kroger is set to apply artificial intelligence in its seller marketplace, tapping the tech to assist in dynamic pricing, content management, and market analytics solutions.

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Target Mulls Paid Loyalty Program

Retail TouchPoints

Target could soon be following in the footsteps of competitors Amazon , Walmart and Kroger by introducing a paid membership program, according to reporting by Bloomberg and other media outlets quoting people familiar with the matter. Titled “Project Trident” internally, the new program could launch as soon as this year. The retailer already offers its free Target Circle loyalty program, providing members with deals and rewards for purchases.

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New report outlines ten-point plan to tackle record levels of theft and violence

TalkingRetail

With unchecked crime reaching record levels, a new report has been launched today (Wednesday, 7 February) - commissioned by Co-op, and written by professor of criminology Emmeline Taylor at City, University of London.

Retail 99
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Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.

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Arm Hits a Home Run With Impressive Third-Quarter Earnings

RetailWire

The tech company Arm announced its third-quarter earnings that exceeded expectations, promising a profitable forecast for the next quarter. This revelation immediately provoked a surge in Arm’s shares, which skyrocketed up to 41% in extended trading.

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FastSpring Support: 2024 Q1 Updates From Customer Support

FastSpring

Get the latest from FastSpring’s Support leaders about important tax updates, fraud and chargeback strategies, our new Changelog, and more. Explore the Power of Changelog Integration in Our Documentation Navigating the Tax Landscape: Key Changes That Demand Your Attention in 2024 Quarterly B2B Onboarding Update: Your Complete Guide to Seamless Transactions!

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7 Best Jungle Scout Alternatives for 2024 Compared (Free & Paid)

eCommerce CEO

If you’ve ever planned to set up an online store or currently run an Amazon FBA business, then you know that deciding on what product to sell.

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FastSpring at WordCamp Asia 2024!

FastSpring

Ready to join the ultimate gathering in Asia for around 2,000 WordPress enthusiasts? If so, join FastSpring at WordCamp Asia 2024 at Booth 17! We’d love to talk with you in person! Join us at the Taipei International Convention Center (TICC) from March 7th to 9th, for an extraordinary event dedicated to all things WordPress. Immerse yourself in a diverse array of programs, workshops, and presentations, where industry experts will share their wisdom, and cutting-edge trends will be unveiled.

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Omnichannel E-Commerce: Drive More Revenue at Less Cost

Today’s e-commerce landscape is vast and it’s moving fast and is fiercely competitive. To thrive you need to offer the right products to the right customers on the best channels. Learn how to successfully harness the power of omnichannel selling to reach more online buyers, diversify and grow revenue, and reduce cost – while delivering a seamless "shop to ship" customer experience across all channels.

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Wilson debuts 3D-printed airless basketball

RetailDive

The sporting goods brand will sell a limited number of the basketballs, which don’t need to be inflated, for $2,500 apiece.

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FastSpring at Seamless Asia 2024!

FastSpring

Despite global macroeconomic headwinds, Asia’s internet economy is one of the fastest growing in the world. Payments, digital banking and ecommerce all remain at the very heart of this growth, with tens of millions of new users joining the internet economy every year, and cashless transactions rising across the region. So how can you make sure you’re a part of this growth?

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OutsideIn Launches First Outlet Store at The Boulevard to Support Homelessness Initiatives

365 Retail

OutsideIn , a socially conscious fashion retailer founded in Belfast in 2016, is set to open its first outlet store at Northern Ireland’s premier designer outlet, The Boulevard in Banbridge, on Saturday, February 10, 2024. Known for its unique approach to fashion with a cause, OutsideIn operates on the principle of aiding those experiencing homelessness through its ‘Wear One, Share One’ model.

Fashion 67
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Retail C-Suite Moves: Walgreens Boots Alliance Executive Appointments

RIS News

Walgreens Boots Alliance (WBA) CEO Tim Wentworth has announced updates to WBA’s executive committee.

Retail 90
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Mastering E-commerce Strategies to Drive Growth in B2B Distribution

B2B distributors and wholesalers: this webinar is for you! Discover the game-changing potential of composable commerce—a flexible, modern approach to e-commerce—and explore the strategies and technologies transforming the B2B landscape. Learn how to create custom digital experiences for your business from the leaders at Orium , commercetools , and Contentful as they walk through real-world examples, providing actionable insights on how to future-proof your business, integrate new opportunities s

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Primark Announces £100 Million Investment in UK Stores for 2024

365 Retail

Primark has unveiled plans to invest over £100 million in its UK outlets as it celebrates its 50th anniversary on the Great British High Street. This announcement highlights a commitment of more than £75 million in new investments within the UK retail sector for 2024, continuing the expansion strategy outlined in November 2022. In 2024, Primark is poised to inaugurate new stores in Bury St.

Fashion 67
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Why ‘pay-by-bank’ faces adoption hurdles in US retail

RetailDive

Pay-by-bank has been catching on slowly, and it’s a particularly long shot for showing up at the point-of-sale anytime soon.

Banking 96
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Lidl Introduces Innovative Bottle Return Scheme in Glasgow

365 Retail

Lidl has become the first supermarket chain to initiate a bottle return scheme trial, debuting in Glasgow. This groundbreaking trial, starting today, enables customers to receive unlimited cash rewards for depositing empty PET plastic and aluminium drink containers into reverse vending machines available in-store. This initiative is currently available across all 21 Lidl stores in Glasgow, with the possibility of further expansion.

Vend 67
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Increasing alcohol MUP could negatively impact c-stores and communities, warns SGF

TalkingRetail

The Scottish Grocers’ Federation (SGF) has warned that increased Minimum Unit Pricing (MUP) for alcohol could deepen the cost-of-living crisis, impacting local businesses and hitting struggling households the hardest.

Retail 64
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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.